The cap raising may be positive but I think that the SPP @.62 announced will surely bring the price down now. Hopefully it may form a base.
Noted in the 2005 Results Presentation that PCG expect Caspian activities to expand and have in fact secured their first contract in the $30b Kashagan project. Would have been nice to make a seperate market announcement about this with a little more info on revenue and term of contract etc.. This would surely help support the sp to move northwards.
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